Congress Casar responds to Trump Economic Chaos

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The MeidasTouch Podcast 11 min 5 speakers 2 chapters transcribed
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What economic chaos is being discussed?

Ben Meiselas 0:00
Another volatile and disastrous day in the markets, at least as of this recording right now. Who knows if Donald Trump's going to make another post saying bye-bye-bye to potentially manipulate the markets again. But this is where we're at right now. Our economy looks like a freaking Trump meme coin right now. And what are the MAGA Republicans saying about this? Oh, they think it's absolutely great. They love the American economy looking like the dollar sign Trump or the dollar sign Smolania. meme coin here's mega republican congress member carlos jimenez here's what he's got to say he goes no manipulation i was sitting with a stockbroker and we is this is cool because i'm sitting with a stockbroker apparently that means no market manipulation here play this clip president put out a post on true social at what was it 9 18 a.m um 9 37 a.m i should say where he said this is a great time to buy
Unknown Speaker 0:55
And then, of course, after 1 p.m., he announced the pause or the blinking on some of the tariffs there. Do you have any questions about the timing there? Was he telling people? Was he tipping people off? Was it market manipulation?
No, actually, we had we had lunch with a major stockbroker, you know, from New York. And and we were talking to him about this tariffs and all that. And then one of the things he said was, it's time to buy. And he had no idea what was going to happen later. I mean, look, you buy when the market is low in the market.
Ben Meiselas 1:32
I guess that solves the issue. I guess. I mean, you're literally Congress. I mean, you're supposed to do oversight. I mean, no, I don't know. Maybe you want to look at the markets and see the unusual trading activity right before Donald Trump even made that post and then right after and then. Donald Trump had billionaires in the Oval Office and they were all bragging about how rich they were getting. And everyone's got billions of dollars. I think we have the video of Trump literally with people in the Oval Office saying everyone's getting rich. You were 2.5. You made 900 million. Here, play this clip. One more clip I'll share with you. MAGA Republican Congress member Burgess Owens saying, this is amazing. They've got the greatest entrepreneur as the captain of America. Here, play this clip.
Well, I'll say this. I think America needs to recognize we're in a remarkable moment. We have an actual genius of an entrepreneur, number one, and one that loves our country and making sure that we're going to be, at the end of the day, in a much better position. So I'm excited to see what's happening, and I love also that he's showing what it is to reward good behavior, which all those countries decided they want to at least have a conversation. That's good behavior. Those who decide to retaliate on us, then they're cut out of this whole process. So I'm excited about what's happening right now.
Ben Meiselas 2:51
I'm excited about what's happening now. Remarkable times. Let's bring in Democratic Congress member from Texas, Greg Kassar, Congress member. Remarkable. Remarkable times we're living in, huh?
Rep. Greg Casar 3:02
It's just remarkable how much a culture of corruption has completely infected and taken over the entire Republican Party. Look, this is all part of the same story. They crash the marketplace. and then open it up to insider trading so that, I don't know, members of Congress, K Street lobbyists, the billionaire donor buddies of Donald Trump can cash in after everybody's retirement accounts got screwed over. They put out these sorts of crazy blanket tariff proposals, and then you've got the president's son out there basically saying, I'm here ready to accept bribes or a deal from foreign leaders and foreign oligarchs. They are same thing with the whole Doge scam. They are threatening your social security and your health care all in order to pay for billionaire tax cuts.
Rep. Greg Casar 3:56
So at the end of the day, this is all about basically taking your hard earned money and giving it to themselves or funneling it to their buddies. That's all this is about.
Ben Meiselas 4:08
While that market manipulation appear to be going on, while the markets, as of this recording, as I said at the beginning, it's tanking right now, but it trades like a Trump meme coin. Is he going to do a post, another pump and dump? Like what the heck is going down? All of this is going on.

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